Vattenfall has completed the sale of the Norfolk Offshore Wind Zone to RWE.
The agreed purchase price is an enterprise value of £963 million, enabling the ongoing development of wind energy projects within the Norfolk Zone.
Once operational, the Norfolk Offshore Wind Zone is expected to supply clean power to more than four million households across the UK.
The Norfolk Offshore Wind Zone includes three fully consented wind farms – Norfolk Boreas, Norfolk Vanguard West and Norfolk Vanguard East – with a total capacity of 4.2GW, making it one of the largest offshore wind developments globally.
Make sure you check out the latest Net Hero Podcast episode:
Net zero is a way to cut your costs and help the planet, so what’s stopping you? Often, it’s just the right help and advice. That’s what we will provide at the Big Zero Show this July. Workshops, expert speakers, case studies and exhibitions. Plus, networking with 1500 peers and potential customers. Register for free now.
